Education Loan EMI Calculator

Plan education loan payments with interest and tenure.

Inputs
Enter values below and click calculate to see results.
Results
Your output will appear below once all required inputs are provided.

Result

Enter values to see the result

Formula

EMI = P * r * (1+r)^n / ((1+r)^n - 1)

Example
Education loans often have longer tenures; this example shows EMI over 10 years.

principal

1000000

rate

10

tenure

10

Expected result

13215.07

FAQ
Common questions about this calculator.

What is a moratorium period?

It is a period during which you may not have to pay principal, but interest can still accrue.

Can interest be capitalized?

Some lenders add accrued interest to the principal, which increases EMI.